WASHINGTON, DC-According to the Mortgage Bankers Association,the number of loans across the country under foreclosure decreasedin the quarter ended June 2010, the lowest rate since 2006. Thenumber of delinquent mortgage loans that are 90 days overduedecreased to 9.11% in Q2 2010 from 9.54% in Q1 2010.


Delinquent mortgage rates reached its peak in the last quarterof 2009 with 9.67%. Loans that converted from default loans tocomplete foreclosure loans also witnessed a slump in Q2 2010.For the full story, go to The New York Times.

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